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wachovia upgrades mnst

Mon, Aug 13, 2007

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Clearly some on Wall Street approve of Monster Worldwide’s recent weight reduction:

Wachovia upgrades Monster Worldwide (MNST 35.53) to Outperform from Market Perform, as they believe N. American weakness is largely confined to the e-comm channel, enterprise growth is ongoing, and Int’l remains strong.

Hat tip.

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This post was written by:

Joel Cheesman - who has written 1471 posts on Cheezhead Recruiting News and Opinion.

One of the most widely-read bloggers on emerging recruitment issues in the world. Accomplishments include being named Recruiting.com’s Best Technology Recruitment Blog and Best Recruiting Blog. Joel's been featured in Fast Company magazine, BusinessWeek Magazine, Resumes for Dummies, U.S. News & World Report, The Wall Street Journal and more. Plug into Joel via Twitter, MySpace, Facebook, iTunes, YouTube or Flickr.

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2 Comments For This Post

  1. matt martone Says:

    Check out what Motley Fool reports regarding monster’s int’l growth…

    “(monster) total quarterly revenue advanced 20% as international growth improved an impressive 57%, growing to 40% of total revenue.”

    http://www.fool.com/investing/general/2007/07/30/monster-cleans-house.aspx

    What do you think this means for cb and hj?

  2. bug_girl Says:

    And yet, campuses all over are ditching MonsterTRAK, since it’s full of security holes and has poor performance.

    I’m guessing they will ditch TRAK in the next few years.

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